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Property News Headlines

UK mortgage approvals hit 13-month low, consumer morale ebbs

British banks approved the fewest mortgages in 13 months and consumer confidence is lower than at any time since last year's Brexit vote because of a weaker housing market, according to surveys that add to a downbeat outlook for the economy.

UK at turning point after difficult year - Hammond

British finance minister Philip Hammond said on Sunday that the government was reaching a turning point after a difficult year and the country was close to the point of starting to bring down public debt.